Bath & Body Works, Inc. was founded in 1963 in Columbus, Ohio, and has evolved from an apparel-based specialty retailer to a segment leader focused on home fragrance, body care, and soaps and sanitizer products operating under the Bath & Body Works, White Barn and other brand names. As of January 28, 2023, the company’s merchandise was sold through 1,802 company-operated stores and e-commerce sites in the United States of America ("U.S.") and Canada, and in 427 stores and 31 e-commerce sites in more than 45 other countries operating under franchise, license, and wholesale arrangements. On August 2, 2021, the company completed the spin-off of its Victoria's Secret business, which included the Victoria's Secret and PINK brands, into an independent publicly traded company on a tax-free basis. In connection with the spin-off of the Victoria's Secret business, the company changed its name from L Brands, Inc. to Bath & Body Works, Inc.
| Company Name | L Brands (Bath and Body Works, Inc.) |
|---|---|
| Industry | Retail |
| HQ Address | Reynoldsburg, Ohio, US |
| Revenue | $7.560 billion [2022] |
| Employee Size | 57200 |
| Company Type | Public |
| Fiscal Year-End | January 28th |
| Website | www.bathandbodyworks.com |
| Subsidiaries | Bath & Body Works Brand Management, Inc., Bath & Body Works Direct, Inc., Bath & Body Works, LLC, beautyAvenues, LLC, Beauty Specialty Holding, LLC, L Brands (Overseas), Inc. and More |
| Locations | More than 1,800 company-operated locations in the U.S. and Canada and more than 427 international franchised locations |
| Competitors | Nordstrom, Gap, TJX, and Ross Stores |
| Recognition & Awards | Bath & Body Works Named Diversity Top 50 Company |
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